exactly what I am thinking about, I heard from another source that cz or rather BNB itself confiscated the stolen money. that was why they published that story to convince their investors, as we can see BNB is the most centralized blockchain in crypto. so it is highly possible such a thing to happen.
rumor aside, the project itself has lost its credibility because of this action. I recommend you guys who participate in it to withdraw your asset as soon as possible, there is no reason for you to continue your journey on that shady path.

Yesterday we heard a bad news on meerkat finance about a hack with a possibility of rug pulling from the team themselves,
31 M total was lost in form of BNB and BUSD based on transaction report.

BUT, today another news come with a different subject
Meerkat finance rug pull is a test.

what do you think guys?

https://www.abmedia.io/bsc-meerkat-finance-rugpull-is-just-a-test

I take back what I said above, even though Ada is overvalued. It has a higher chance to do it than BNB.
After recent trial of rug pull happened with meerkat finance on BSC, DeFi hype in BNB chain is slowly fading away.
https://www.abmedia.io/bsc-meerkat-finance-rugpull-is-just-a-test
do you still believe BSC will flourish in this market after what they have done to us? extremely centralized. It is more like a CeFi instead of DeFi.

ten years is too long for the target standard, everything can happen between those times. technology moves very fast and keeps advancing endlessly, there might be something new coming up in another few years. if cryptocurrency still exist in decade later, there is a possibility for ethereum itself to reach $50.000 even surpassing this level.
when virtual digital becomes something common, digital currency will be highly valued than fiat. I am confident with this.

are we talking about a coin that is undervalued based on technology or investment potential?
based on technology, callisto, polkadot, and tomo are the projects that is undervalued in term of technology they have performed so far.
on the other hand, a project that is undervalued based on investment potential are second digit project like xvg, dgb. even though xvg is a shitcoin, there is no doubt it has a higher chance for you to get profit compared to the coins I mentioned above, just like doge.

any detail which exchanges are supporting the snapshot time?
I could not find anything on the medium page about it, we are one week away from the snapshot time.
would love to see an update regarding this on medium or at least on the announcement thread.

that is pretty ugly website for someone who is aiming for 1,500 BNB mate.
if you want to scam someone at least try to put some effort into it. why would people buy, at least for me I will not touch it.
looks shady af
100% roi in a single day, even hyip back then was no this blatant.

I see tbtc logo on the website, is it the same thing or different? I can not click on the image though.
https://tbtc.network/ https://coinmarketcap.com/currencies/tbtc/
since sovryn are aiming for Bitocracy, Risk Mitigation, Fee Collection, does that mean you will use an existing bitcoin on DeFi rather than build a new one?
or are you perhaps will build a new one with a new features inside of it?

Not every drop is an opportunity, we can not just simply buy everything that is on the dump not to mention the volatility is at its peak now. once the market decides to go down, we will see a huge drop and loss without be able to react. look at our history when we were seeing a major bull that happened in 2017-2018.
what happened back then? the price went down from $18.000 to $11.000 in 7 days, we were only at $20.000 at max. but what will happen once it goes down when we are this high? are you sure you can handle it once it is going down?
my only suggestion for now is to wait, the market is worrying for me even though we are seeing a green candle today.

what are you talking about mate? no team token?
there are 482 holders based on https://bscscan.com/token/0x4abf1ba412d1ad891e2610a072c3c423fc8deb88#balances before the distribution.
but here you are saying they do not hold anything? that is a big no.
just look at the transaction history, the team keeps moving the token to the exchange nonstop. it is just a garbage token.

was not the main point of that lawsuit is the hosting of the dex platform rather than dex itself?
not to mention that was two and half years ago when cryptocurrency is not well accepted and banned in a few countries.
I do not see any problem for the others as long as they are running the dex in crypto friendly country. even if decentralized exchange is bound to be no restrained by the system, but as long as you are running it under place where regulation is strict. you will not be able to survive and act as it is intended to be.

At our current situation the trend is bound to be broken as soon as it is formed, it is happened because of hype and instability in market order.
that is why it is not recommended to follow any trend you hear but instead make a quick strategy and judgement based on market reaction as soon as you do the trade.
and trading on the weekend is quieter than during the week will only happen once the market stabilize. I could say it because it happened months ago before bitcoin skyrocketing.

There are two possibilities which are bug on code logic or purposefully do that for rug pull. indeed it is hard to trust DeFi project these days because the community is not well knowledged yet in that area unlike blockchain itself. a lot of rug pulling happened due to lack of knowledge from the investor and the community in how smart contract logic works, if we are somehow know how it is going to work. we should be able to prevent any rug pulling from the developer and we can prevent any exploit that might happen in the smart contract.
DeFi is not mature yet, that is why it is a golden land for scammer to make money quick.

But BSC has a clear advantage in this scenario because the fee that is needed to run a single transaction is small compared to ethereum or the others.
to successfully create a project and to scam people, the developer needs to run a few round of test to make sure the smart contract works as expected.
so this is not wrong to say it this way, be careful in choosing a DeFi project because it is an upgraded scheme of ico scam using a high roi as the bait.

I do not see anything new here? it looks like an old scheme of masternode project.
block explorer was created on 3rd party platform openchains.info, there is only 1 person contributing to the project through the code on github.
and there are a lot of typos whether it is on the announcement or on the website, what is your project name exactly?
cryptcore or cryptocore? how could you misspell your own project.

There should be no risk involved around the token itself since both of them are stablecoin. the price should not go down that much and will not cause any lose to us if it does not.
but there is a risk involving the platform itself, like hacking or rug pull.
it just happened on meerkat finance yesterday, there is no reason to not believe it will happen to the others too right?

Me too, who does not? it is just the market looks exhausted. in the last 7 days, Bitcoin made another lower low, other than that there is no significant volume traded for the past few days. the last time we were seeing big volume traded were 26th a month ago, this should explain the market slowly going down.
the project looks solid no doubt about that, but if the market can not sustain it what can it do?
that was why I suggested you to wait until we are making a continuation, it is never too late to buy it later as long as the market is good.

And now it is around $15.7 currently down for almost 10%, the project is good but how about the market?
no matter how good the project is if the market does not support it then there is no way it will go up.
we should wait a little bit until we get a clear understanding about our current market, if the bullish continues then it is not too late to buy it later.
but if it is not, then we are saved from getting rekt.

I am still expecting another last round of major bull in the end of the year, based on that my thought is we are going to see another small wave from here on and then a retrace until june which means it is not advisable to buy anything in the next 2 or 3 months unless you are an expert in scalping or day trading.
the market looks pretty exhausted in my opinion, there is no fresh money coming in. that is why we could see top altcoins are bleeding.
usually the sign starts from top altcoins and then goes to the rest.

We are talking about investment object here while Tether is a stablecoin. That means it is not in our list right now.
speaking about which one between Cardano and BNB, I would rather choose BNB because it's valued as another chain for DeFi considering how low the fee is.
no doubt Cardano is a good investment but BNB has a better position for now in DeFi ecosystem. assuming DeFi will keep going on until next year, there is a high chance for BNB to keep rising.